This week is likely to see an increase in market activity, with central bank input from the Reserve Bank of New Zealand and crucial economic data due for the U.S. Dollar and British Pound.
The market is likely to be most active on Wednesday.
Monday is a public holiday in Japan.
It will be an active week for the Dollar, starting with a minor speech from the Chair of the Federal Reserve on Tuesday. Then on Wednesday we will get crucial inflation data. Finally, Retail Sales and PPI numbers come out on Thursday.
It will be an important and active week for the British Pound, starting on Monday with releases of GDP Manufacturing Production, and Preliminary Business Investment data. On Tuesday the Governor of the Bank of England will give a speech which could well have some market impact. Wednesday will see the release of crucial inflation data. Finally, on Friday we will get Retail Sales numbers.
New Zealand Dollar
It will be an important week for the Kiwi, starting on Wednesday with the RBNZ Monetary Policy Statement, Rate Statement, Official Cash Rate and Inflation Expectations, followed by the usual press conference. The Governor of the RBNZ will be testifying before Parliament on Thursday.